NOT LISTED FOR SALE

1041 W Foothill Blvd Arcadia, CA 91006

Estimated Value: $4,465,000 - $5,651,000

4 Beds
5 Baths
4,562 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $2,600,000 $570 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $32,344/month

21 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Mountain View
  • Hugo Reid Elementary School Rated A
  • 45,801 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of October 2014

Location, Location, Location!!! Over 1 flat acre of land in the upper Rancho area of Arcadia with over 150 square feet of frontage featuring a wonderful circular driveway. The property is an oversized 4,500 square foot home featuring 4 bedrooms and 5 baths, two master suites with walk in closets, spa like tub and sauna in one master bath, formal dining room, formal living room, den, office, family room, three fireplaces, a huge cooks kitchen and in ground pool. The property needs considerable cosmetic updates and repairs to restore the property to its original grandeur! The one acre plus lot also offers endless possibilities for that discerning buyer wishing to build a custom estate in one of Arcadia's finest neighborhoods. The seller is extremely motivated and will entertain all reasonable offers. Thank you in advance for your interest in this special property, our office looks forward to working with you.

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 07/15/2014

Last Buyer's Agent

KAR CHING CHAN

License #01139907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,834

Year Built

  • Built in 1941

Lot Details

  • 1.05 Acre Lot
  • Property is zoned ARROD*

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed

Interior Spaces

  • 4,562 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • Above Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5769-006-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,834

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4562
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Rooms: Den, Family Room
  • Flooring: Carpet, Marble, Tile
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, Dressing Area, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 542.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5769-006-017
  • Geocode Override: No
  • Lot Size Area: 45801

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Liu Jia
Bought by
Yi Ni Liang Hao Family Trust and Liu
Current Estimated Value
$5,018,667

Purchase Details

Closed on
Jul 3, 2017
Sold by
Wang Xiao and Chen Andy L
Bought by
Liu Jia

Purchase Details

Closed on
Apr 12, 2016
Sold by
Wei Dai
Bought by
Wang Xiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2016
Sold by
Kwan Sharon Melinda
Bought by
Chen Andy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2015
Sold by
He Shen Xiao
Bought by
Goodland Investment 072

Purchase Details

Closed on
Aug 6, 2014
Sold by
Wells Fargo Bank National Association
Bought by
He Shen Xiao

Purchase Details

Closed on
Nov 12, 2013
Sold by
Shen Conglin
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Oct 3, 2006
Sold by
Shen Conglin
Bought by
Unique Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2006
Sold by
Chen Shun Wu
Bought by
Houng Tina Chi

Purchase Details

Closed on
Jan 17, 2006
Sold by
Houng Tina Chi
Bought by
Houng Tina Chi and Chen Shun Wu

Purchase Details

Closed on
Oct 24, 2003
Sold by
Chao Ben
Bought by
Houng Chi Dai and Houng Tina Chi

Purchase Details

Closed on
Jan 13, 1998
Sold by
Chao Tina
Bought by
Chao Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Chasen Doryann M and Lamel David A
Bought by
Chao Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yi Ni Liang Hao Family Trust -- None Listed On Document
Yi Ni Liang Hao Family Trust -- None Listed On Document
Liu Jia $2,850,000 Stewart Title Company
Wang Xiao -- Fidelity National Title Co
Chen Andy L -- Fntg
Wang Xiao $2,398,000 Fidelity National Title Co
Goodland Investment 072 -- Accommodation
He Shen Xiao -- Servicelink Title Company
Wells Fargo Bank National Association $2,216,380 None Available
Unique Holding Corp -- Itc Investors Title
Shen Conglin $2,150,000 Itc Investors Title
Houng Tina Chi -- Accommodation
Houng Tina Chi -- Ticor Title Co Glendale
Houng Chi Dai -- --
Chao Ben -- Guardian Title Company
Chao Ben $575,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Xiao $1,000,000
Previous Owner Shen Conglin $1,397,500
Previous Owner Chao Ben $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $2,600,000 +5.1% $570 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $2,475,000 -- $543 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $68,834 $7,635,000 $4,200,000 $3,435,000
2024 $68,834 $6,206,560 $3,179,227 $3,027,333
2023 $67,379 $6,084,864 $3,116,890 $2,967,974
2022 $65,119 $5,965,554 $3,055,775 $2,909,779
2021 $63,911 $5,848,583 $2,995,858 $2,852,725
2020 $63,077 $5,788,614 $2,965,140 $2,823,474
2019 $51,618 $2,907,000 $2,907,000 $0
2018 $31,360 $2,850,000 $2,280,000 $570,000
2016 $32,192 $2,870,000 $2,300,000 $570,000
2015 $29,145 $2,600,000 $2,080,000 $520,000
2014 $28,193 $2,500,000 $1,750,000 $750,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-778669

The MLS

APN: 5769-006-017